-

From Our Gallery

Description

FULLY LEASED ALMOST $2,500/Month Positive Cashflow! Legal 5-unit property offering exceptional cash flow, featuring four spacious 2-bedroom units and one large 3-bedroom unit, each with their own full bath, kitchen, and own in-suite laundry. Meticulously updated and generously sized, every unit has its own hydro meter and separate entrance. Ideally located on a key arterial road just 2 km from the city's central business and administrative corridor, this property is surrounded by amenities that make it highly desirable for tenants, including public transit at the doorstep, grocery stores, restaurants, schools, and healthcare facilities within walking distance. It is also very close to the London Health Sciences Centre, Vauxhall Park, Boyle Memorial Park, and several community centres. The prime location supports its continued use as a strong multi-residential asset, offering excellent connectivity, access to essential services, and a stable urban setting conducive to long-term tenancy. Annual income of $90k + this is an outstanding investment opportunity.

Location Description

Adelaide Street N/Hamilton Rd

Property Detail

  • Community: East L
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 11
  • Bath: 6
  • Garages: None
  • Annual Property Taxes : $ 6012
  • sqft

Facts and Features

  • Foundation Type: Unknown
  • Counstruction Material : Brick-Vinyl Siding
  • Total Parking Space : 0
  • Parking Type : None

Amenities

  • Heating : Forced AirGas
  • Sewer : Sewer ,

Listing Contracted With: ROCK STAR REAL ESTATE INC.

Looking for a dream home?

We can help you realize your dream of a new home